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The consumer fiber unit, which provides high-speed internet services to residential customers, has been a critical part of Lumen’s mass markets business. However, the company has engaged Goldman ...

Lumen Technologies has a bearish outlook, with falling financials and potential sale of mass market unit. Click here to find ...

Pres House's executive director said the property tax exemption has been affirmed as legal "by city and state leaders from ...

Sources told Reuters that Lumen is working with investment bankers at Goldman Sachs over a potential deal, while a joint venture could also be explored. A sale will help the company reduce its debt, ...

The carrier’s multi-faceted growth strategy to increase profit in its enterprise and mid-market segments is to regroup the business unit and focus on growth products and services, Lumen ...

The company could also instead sell a stake in the fiber unit or sign a joint-venture deal with a strategic partner, according to the sources. Lumen pointed to its policy to not comment on rumors ...

The company's shares closed up nearly 5% on the news on Thursday. Lumen could also choose to sell a stake in the fiber unit or sign a joint-venture deal with a strategic partner, the sources said, ...